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Ferrari bets on expensive city car

Ferrari dealerships will sell a special new city car, the Abarth 695 Tributo Ferrari, for about $80,000.
Ferrari dealerships will sell a special new city car, the Abarth 695 Tributo Ferrari, for about $80,000. Contributed

FERRARI will sell a new model in Australia later this year – powered by an engine that's a third the size of the Italian marque's famous V12s.

The Abarth 695 Tributo Ferrari is a joint venture between Fiat's performance division and its supercar subsidiary, and the four-cylinder hot-hatch will become Australia's most expensive city car when it arrives in Ferrari dealerships with an anticipated price tag of $80,000.

Even the cheapest Ferrari costs hundreds of thousands of dollars, though the 695 Tributo is a special edition of the Abarth 500 Esseesse that launched into the local market this week.

The Tributo Ferrari's 1.4-litre turbocharged engine produces 132kW of power and 250Nm of torque.

The hot-hatch can accelerate from standstill to 100kmh in seven seconds and reach a top speed of 225kmh.

An electromechanical automated manual gearbox includes Formula One-style paddleshift levers mounted to the steering wheel.

There's also a sportier suspension underneath, 17-inch alloy wheels wrapped in grippy rubber and brakes from Brembo, the same company responsible for the stoppers on Ferrari's F1 racing cars.


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